Why don't you own gold?

Why don't you own gold?

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But I do. I own a bunch of it.

Already holding LEGO

I own PAXG

Something is wrong with this graph.

Zoom out to 1900 retard.

Because im not a boomer

It started with the dotcom bubble in 99 and compared relative % gains since then. So it looks a lot more exaggerated than reality. However, considering we are in another bubble similar to dot-com when it comes to equities, it is relevant to be wary of how gold performs post-bubble.

The graph is correct, but it just so happens that the multi-decade low of gold and multi-decade high of the S&P500 overlapped

Sold it for BTC and 100x'd it

pre-1971 isn't relevant since it was a different monetary system. In modern FIAT times, gold has destroyed equities and it's not even close.

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>30%
>destroyed

>proud of being poor
lol

The holy spirit once told me in a dream "when you think you should be buying gold, buy silver"

It's along story

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What a coincidence

I bought into the silver meme.

I'm waiting to cash out my crypto, with that money I will be investing a portion in gold.

>thinking you're gonna get rich from gold
stay old boomer

>has zero savings
Lol ok, tranny.

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In any other moment in history I would, but there's Bitcoin now and I've got to follow my instincts.

Thats after its been heavily manipulated. Wait until the reset when gold does a 10x from here and equities do a -90%

The level of odds garanties for traders is growing because of DeFi development. As for me one of the best example of it is Dymmax (dymmax.com) because it’s instituted on parimutuel betting with fixing odds

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because gold cert printer goes brrrrrr

I own 2g of gold and 1oz of silver. I'm I gonna make it?

you need 10oz of gold to make it

t. 6oz

Fuck, fren... See, I live in a 3rd world country, our fiat is pretty weak compared to the USD, and with my saving from my shitty wage, that was all I could buy (plus crypto), and here almost nobody buys precious metals for investment and certainly not crypto, this makes me feel like I'm ahead of millions of people here.

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Why would I buy Gold if I can just buy Lego?

Because Kleros is an ETH shovel.

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Are these graphs supposed to show purchasing power over time?

Gold is the ultimate patrician asset and the only thing (((they))) will never take from you. Take some of those crypto gains and buy physical gold.